Robert O Smith - 09 Jan 2023 Form 4 Insider Report for Ault Alliance, Inc. (GPUS)

Role: Director
Signature: /s/ Robert O. Smith
Issuer symbol: GPUS
Transactions as of: 09 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 11 Jan 2023, 19:00:22 UTC
Previous filing: 17 Nov 2022
Next filing: 02 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AULT	Common Stock	Options Exercise	$0	+25,000	+24%	$0.000000	130,000	09 Jan 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AULT	Restricted Stock Grant	Options Exercise	$0	-25,000	-100%	$0.000000^*	0	09 Jan 2023	Common Stock	25,000		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the vesting of restricted stock.
F2	Each restricted stock unit is the economic equivalent of one share of common stock, par value $0.001, of Ault Alliance, Inc. (formerly, BitNile Holdings, Inc.) (the "Issuer").
F3	On January 8, 2021, Mr. Smith was granted 50,000 restricted shares of the Issuer's common stock, which initially vest in four equal installments on each of May 15, 2022, November 15, 2022, May 1, 2023 and November 15, 2023. In November 2022, the Issuer's stockholders, at the Issuer's annual stockholder meeting, approved the acceleration of the vesting of the last two tranches, after approval by the NYSE American. The final 25,000 shares of the Issuer's common stock were issued on January 9, 2023.